IC Potash Issues No Corporate Development Statement
16 April 2016 - 2:42AM
Business Wire
IC Potash Corp. (TSX:ICP; OTCQX:ICPTF) (“ICP” or the
“Company”), at the request of IIROC Market Surveillance and
on behalf of the Toronto Stock Exchange, IC Potash Corp. wishes to
issue a statement that the Company is not aware of any undisclosed
material development that would cause today's upward movement in
the Company's share price.
About IC Potash Corp.
ICP has demonstrated a low-cost method to produce sulfate of
potash (“SOP”) from its Ochoa polyhalite deposit in
southeast New Mexico and seeks to become a primary, long-term
producer of SOP. SOP is a non-chloride potash fertilizer widely
used in the horticultural industry and for high value crops, such
as fruits, vegetables, tobacco and potatoes. It is applicable for
soils where there is substantial agricultural activity, high soil
salinity, and in arid regions. The Ochoa Project has access to
excellent local labor resources, low-cost electricity and natural
gas, an approved non-potable water source, rail lines, and the Port
of Galveston, Texas. ICP’s land holdings consist of approximately
98,500 acres of federal preference right potassium leases, federal
subsurface potassium prospecting permits and State of New Mexico
potassium mining leases. For more information, please
visit www.icpotash.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160415005754/en/
IC Potash Corp.Mr. Mehdi Azodi, +1-416-779-3268Director of
Investor RelationsMAZODI@ICPOTASH.COM
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